A brief summary of the most important information for any business or individuals who plan to invest in Poland. Corporate Income Tax (CIT) CIT is levied at a rate of 19% (standard rate) or 15% (reduced rate for small taxpayers and new companies in the first year of business activity)....
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Be aware of possible legislative changes, getsix® have prepared for you a list of proposed changes in Polish business taxation for 2019. The Polish Ministry of Finance has announced key changes to be proposed under 2019 tax reform. These proposed regulations create on one hand preferences for some business areas,...
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Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for February 2018. Click here for English version Click here for Portuguese version *might not be applicable to your organisation amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We...
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Capital income and its separation from other income of the taxpayer From the 1st January, 2018 within the ‘Corporate Income Tax Act’, taxpayers will be obliged to detach the operating income from the capital income. Subsequently, loss from one source will not decrease income from the other source. The provision...
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Conceito our Portuguese amavat® Partner Firm has supplied a document rergarding the ‘Budget Bill 2018’. Click here to view. amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We assist clients with a single point of contact that speaks their language and handles all VAT related issues with a...
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Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for December 2017. (also available in Portuguese below) Click here for English version | Click here for Portuguese version *might not be applicable to your organisation amavat® provides a one-stop-shop solution...
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Corporate / Income Tax The regulation related to the obligations of the tax deductible expenses which are unpaid, shall be stopped; Depreciation tax shield in connection with the acquisition of new technologies has been removed (previously, an additional deduction of 50% related to the acquisition of new technologies was possible);...
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Solutions provided in the Act on Supporting Alternative Dispute Resolution. As of 1 January 2016 an act came into force on support for alternative methods of dispute resolution, drawn up by the Ministry of Economy in cooperation with the Ministry of Justice.
From 1st January, 2016, certain type’s severance pay and compensation connected to non-complete clauses will be subject to tax. Amendments to the Act on Personal Income Tax (PIT): 70% tax on compensation Tax will be subject to, amongst others, compensation awarded on the basis of regulations concerning non-complete clauses will...
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